Daniel Major offers the following royalty-free article for you to publish online or in print. Feel free to use this article in your newsletter, website, ezine, blog, or forum. ----------- PUBLICATION GUIDELINES - You have permission to publish this article for free providing the "About the Author" box is included in its entirety. - Do not post/reprint this article in any site or publication that contains hate, violence, porn, warez, or supports illegal activity. - Do not use this article in violation of the US CAN-SPAM Act. If sent by email, this article must be delivered to opt-in subscribers only. - If you publish this article in a format that supports linking, please ensure that all URLs and email addresses are active links. - Please send a copy of the publication, or an email indicating the URL to [email protected] - Article Marketer (www.ArticleMarketer.com) has distributed this article on behalf of the author. Article Marketer does not own this article, please respect the author's copyright and publication guidelines. If you do not agree to these terms, please do not use this article. ----------- Article Title: Where Can I Find Debt Consolidation Information - And How Can I Get Started? Author: Daniel Major Category: Finance, Debt Consolidation, Personal Finance Word Count: 477 Keywords: Debt Consolidation loans, Credit Card Consolidation, Debt Consolidation, Consolidation, Debt Author's Email Address: [email protected] Article Source: http://www.articlemarketer.com ------------------ ARTICLE START ------------------
Dealing with Credit Card debt is an all to often occurrence for many nowadays as the spend, spend, spend mentality allowed by the credit companies in the 90's has come home to roost. Credit card consolidation is an option many are choosing and this article outlines the processes involved. Article Body: Millions of people find themselves in debt every year. If you are one of these people, you're probably asking the question: "Where can I find information about debt consolidation?" You may be able to go to your mortgage lender, your bank or credit union who will provide you with information about debt consolidation. The most readily available source of information, of course, is the Internet. Do a search using such terms as "credit problems", "repair credit rating", "consolidate debt" and so forth. Depending on the state of your credit rating or credit score, you may be able to obtain a debt consolidation loan. However, unless you have collateral to secure a loan, this may not be an option for you. Probably the most reliable form of debt consolidation information is the home equity loan. To learn about this, go to your mortgage lender and present the total amount of your debts along with a list of your creditors. Because you have a home mortgage, and therefore you have collateral, this may be one of the best consolidation options. Debt consolidation information also includes such options as credit counseling, where a credit counselor works with you and your creditors to find solutions. Often a credit card company will agree to reduce the amount you owe, provided that you make payments on a regular basis through the credit counselor. This is also known as debt settlement, debt negotiation, or debt arbitration. It is infinitely preferable to bankruptcy. Whatever method you choose for debt repayment, there are a few things that you will have to do prior to beginning the process. First of all, do you know how much money you owe? Gather your bills together, take a deep breath, sit down and make a list. Once the information is down on paper, then you will have an idea how you should proceed. Again, seek debt consolidation information. Look into credit counseling companies. Explore the option of a home-equity loan. Regardless of how you choose to approach repayment of your debts, it is worthwhile to be debt free. Once you have paid your debts, your credit rating will improve and you will be out from under a very heavy weight. Finally, congratulate yourself on facing up to your problems and for seeking a solution to your debt. From this point forward, the only time you should use a credit card is in extreme emergency, or when cash is not available or is not an option. Use credit wisely, we paid your debt as soon as possible, and do everything you can to avoid being in debt again. For more information about debt consolidation and a little known debt elimination method so effective that the banks and lenders have kept it hidden, visit: http://www.creditcardconsolidationloanssite.com ------------------ ARTICLE END ------------------ [Non-text portions of this message have been removed]
